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AEGEAN plans investments to consolidate its presence in international markets

The outlook for 2024 is particularly positive, with an increase of 1.1 million available seats

Having registered a successful course in 2023 and the first quarter of 2024, AEGEAN is planning major investments aiming to further strengthen its profitability and its position in the international market.

The company carried a total of 15.69 million passengers, of which 9.5 million were international passengers, while the outlook for 2024 is particularly positive, with an increase of 1.1 million available seats.

The company is planning to expand its activity, mainly from the Athens base, offering 7% more seats, while a corresponding increase in capacity is expected throughout the internal network, but also from the Thessaloniki base. In total, AEGEAN is planning to allocate 19.5 million seats from its 7 bases in 2024, covering 47 countries with 249 routes.

Regarding its fleet, AEGEAN announced at the end of 2023 the expansion of the order to Airbus from 46 to 50 aircraft. More specifically, it exercised the option provided for in the agreement with Airbus for the purchase of three (3) additional A321neo aircraft, as well as the conversion of five (5) initial orders of A320neo aircraft, to the larger A321neo. A total of twenty-eight (28) neo aircraft have already been delivered to date, while another twenty-two (22) are to be received in the period 2024-2028.